European Assets Trust (LON:EAT) Share Price Passes Below Two Hundred Day Moving Average of $84.09

European Assets Trust PLC (LON:EAT)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 84.09 ($1.05) and traded as low as GBX 83 ($1.03). European Assets Trust shares last traded at GBX 84 ($1.05), with a volume of 335,080 shares changing hands.

European Assets Trust Stock Up 1.7 %

The firm’s 50-day moving average is GBX 86.27 and its two-hundred day moving average is GBX 84.09. The company has a debt-to-equity ratio of 4.83, a quick ratio of 1.35 and a current ratio of 1.04. The stock has a market cap of £307.50 million, a P/E ratio of 933.33 and a beta of 1.04.

European Assets Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, April 4th will be given a dividend of GBX 1.48 ($0.02) per share. The ex-dividend date is Thursday, April 4th. This represents a yield of 1.71%. European Assets Trust’s payout ratio is presently 6,666.67%.

Insiders Place Their Bets

In related news, insider Kevin Troup acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was acquired at an average price of GBX 87 ($1.08) per share, for a total transaction of £8,700 ($10,830.32). Company insiders own 0.79% of the company’s stock.

About European Assets Trust

European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of the largest company in the Euromoney Smaller European Companies (ex UK) Index or below Euro 2.5 billion.